Skip to content
Screener

Diamondback Energy FANG Q1 2026 earnings

Reported May 4, 2026 · After market close

Revenue$4.2BBeat by $405.5M
EPS$4.23Beat by $0.49
Revenue estimate$3.8B
EPS estimate$3.74

Next report

Nov 2, 2026 (in a month)
Revenue estimate$4.5B
EPS estimate$5.00

Financials

Q1 2026

Income statement

See full
Revenue$4.2B+4.7%
Operating income$116.0M-93.1%
Net income$25.0M-98.2%
EPS (diluted)$0.08-98.3%

Balance sheet

See full
Cash & equivalents$176.0M-91.4%
Total debt$14.6B-1.2%
Total equity$36.5B-5.2%
Total assets$70.1B0.0%

Cash flow

See full
Operating cash flow$1.8B-22.4%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$55.64B+20.2%
Enterprise value$70.11B+18.7%
P/S3.7×+0.1×

Returns & leverage

See full
Debt / equity0.4×0.0×
Current ratio0.6×-0.3×

Segments

By product

See full
Oil sales$3.4B+13.4%
Sales of purchased oil$385.0M+2.9%
Natural gas liquid sales$359.0M-11.6%
Natural gas sales$21.0M-90.1%

FAQ

When did Diamondback Energy report Q1 2026 earnings?
Diamondback Energy (FANG) reported Q1 2026 earnings on May 4, 2026 after market close.
What were Diamondback Energy's Q1 2026 revenue and EPS?
Diamondback Energy reported revenue of $4.2B and eps of $4.23 for Q1 2026.
Did Diamondback Energy beat estimates in Q1 2026?
Revenue beat the consensus estimate of $3.8B by $405.5M. EPS beat the consensus estimate of $3.74 by $0.49.
How did Diamondback Energy's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 5.2% from $4.0B a year earlier and eps declined 6.8% from $4.54.
Where can I find Diamondback Energy's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001539838-26-000073) and the 10-Q periodic report (0001539838-26-000077) directly on SEC EDGAR. The filing index links above go to sec.gov.